My Mortgage Blog

Category: Other Mortgage Articles

Finding the cheapest mortgage is not as easy as it might seem. It can be tempting just compare the interest rate and pick the one that is the best. Many comparison websites will do this for you and it is simple to just enter a few details and then pick the cheapest provider from the list that they give you.

Here's a subject that we can really sink our teeth into: bad credit mortgages. Some people are all about them, while others think that they are one of the worst things to come around for UK homeowners. The truth is a little bit of both, actually. Let's get something out of the way here: we don't think that mortgages are

When you are taking out a mortgage for a new property, it can already feel very daunting to borrow the amount of money the new home is worth. We are literally talking about hundreds of thousands of pounds on average here, and therefore, being persuaded to borrow even more money for little extras can seem like the final straw. But

It's making the news rounds in the world of finance, so we wanted to cover it right here for you. Sir Mervyn King has come out against the wildly popular help to buy mortgage scheme. If you're out of the loop, this is basically a program that gets UK would-be homeowners into homes much faster than without the scheme. King

Are you thinking about mortgage life insurance right now? Chances are good that you've seen some advertisements for it, and you're curious as to how it could possibly improve your life. The truth is that you will need to think carefully about this type of policy because it has its advantages and disadvantages. The proper term is actually "mortgage decreasing

What are variable rate mortgages? Variable rate mortgages are either based on the lender’s standard variable rate (SVR) which is an interest rate set by the lender but dependent upon the Bank of England’s base rate or they can be directly linked to the base rate, in which case they are called tracker mortgages. As a rule of thumb, a

What are fixed rate mortgages? Opting for a fixed rate mortgage will mean that your mortgage payments are set for a fixed period of time and will not change regardless of what happens to the Bank of England base rate. In other words, you will be charged the same interest rate every month for the term of the agreement, which

Before we get into today's topic, we wanted to say something: we're not against mortgages. Not at all. We think that owning your home is something that's pretty important. We think that it can be a lot better to build an asset that you’re going to own for a long time rather than constantly giving your money to landlords over

The dream of home ownership is such that everyone wants to get a mortgage -- even though that have businesses of their very own. Being self employed isn’t without its own set of risks. Your business could go under and leave you on the hook for a lot of debts, including your home. Mortgage lenders are thinking about everything in

We strive to give you the best personal finance information possible for the entire UK marketplace, and that doesn't always come easily. Sometimes we'll recommend that you do something, only to find that there are hidden dangers that you need to be aware of. This is one of those times. You see, applying online for some mortgage quotes is a